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Wasaga Beach, ON L9Z 1W7,3071 Mosley ST
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Wasaga Beach, ON L9Z 1W7,3071 Mosley ST
Wasaga Beach, ON L9Z 1W7,3071 Mosley ST
Wasaga Beach, ON L9Z 1W7,3071 Mosley ST
Wasaga Beach, ON L9Z 1W7,3071 Mosley ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,075,000
Est. payment /mo
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Active

3071 Mosley ST Wasaga Beach, ON L9Z 1W7

12 Beds

12 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Wasaga Beach

MLS Listing ID S12230726

Style 2-Storey

Bedrooms 12

Building Age 51-99

Annual Tax Amount $13,875

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 107.74

Lot Front 147.3

Appx SqFt 5000 +

Property Description

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Unlock the full potential of this rare investment property in a sought-after location just steps from the water and minutes from the new casino. This former motel has been transformed into a fully tenanted, legal 12-plex, offering investors a strong cap rate of 6.75% and multiple value-add angles that make it stand out in today's market. Zoned for medium-density residential development and situated on a corner lot with 147.3 feet of frontage, this property is adjacent to vacant land earmarked for redevelopment, offering excellent future expansion potential. The generous 0.437-acre site is perfectly positioned for long-term growth and creative redevelopment in an area with rising demand for housing. Inside, the building is configured with 9 one-bedroom and 3 two-bedroom units, all of which are self-contained and have tenant-paid utilities, resulting in low operating costs and minimal landlord management. No common areas = no additional maintenance headaches. Additional highlights: Detailed P&L statement available for qualified buyers, Environmental Phase 1 report (2019) available on request with no known concerns, Ample on-site parking for all tenants and visitors, Fully occupied with reliable cash flow from day one. This is a golden opportunity for investors looking to scale, develop, or simply hold a solid income-producing asset in a high-growth area. With the casino nearby, rezoning already in place, and development buzz surrounding the neighbourhood, this property offers both immediate income and long-term upside. Opportunities like this are rare; don't miss your chance to capitalize!

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Rooms

Family Room No

Basement None

Kitchen 12

Separate Den/Office 3

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 147.3

Lot Depth 107.74

Total Parking Spaces 12

Building

Unit Features Beach,Lake/Pond,School Bus Route,Public Transit

Foundation Poured Concrete

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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3071 Mosley ST

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